Business

BHP and Rio Tinto are facing more pressure on iron ore royalties in WA.

WA may ask BHP, Rio to cash out iron ore levy

Western Australia may ask Rio Tinto and BHP Billiton to pay potentially billions of dollars to end a mining rent tax to help patch a budget decimated by lower commodity prices.

A spokesman for George Soros dismissed BSGR's claims as a "PR stunt".

'He's nuts': Soros blasted in mining brawl

Israeli businessman Beny​ Steinmetz has labelled George Soros "nuts" and accused him of trying to upset his hopes of developing the Simandou iron ore mine in Guinea, according to a media report.

Commodity trader Noble Group is in big trouble.

Global trader is 'fighting for its life'

Noble Group Ltd.'s crisis deepened after S&P Global Ratings flagged a risk of default for the commodity trader within a year, triggering a rout in the company's shares before they were suspended in Singapore ahead of a company statement. The 2020 bonds fell to a record low.

Fortescue chief 'Twiggy' Forrest is giving away a large chunk of his personal wealth.

'Twiggy' Forrest uses native title to defend the farm

The mining magnate has used laws designed to protect indigenous land rights to stop prospectors searching for minerals on his WA cattle farms, angering both traditional Aboriginal landowners and mining community members.

"Billiton" is to be excised from the BHP logo.

BHP to drop 'Billiton' in rebranding move

Global miner BHP Billiton is taking its first steps to preparing to drop "Billiton" from its name, with the launch of a global rebranding which will also mark the move away from styling the group as "the big Australian".